Find the difference between compound interest and simple interest on rupees 6400 for 2 years at 6 1/4% p.a. compounded annually.
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Answered by
34
ans is 25 Rupees ........
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Answered by
13
Answer:
800 rupees
Step-by-step explanation:
P = 6400 rupees
r = 6 1/4% = 25/4%
t = 2 years
simple interest = prt / 100.
= 6400 * 2 * 25
100 * 4
= 800 rupees.
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